News from asia research capital management (arcm) A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages

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29 Apr, 2020, 14:06 BST ARCM Confirms it Will Appeal Premier Oil Schemes of Arrangement

ARCM will lodge an appeal with the Inner House of the Court of Session in the coming days against the sanction of the proposed schemes of arrangement....


16 Mar, 2020, 07:00 GMT ARCM Question List #6 - Did Premier Oil Already Book a $267 Million Gain (equivalent to 24% of book value) From the Proposed Acquisitions

As per ARCM's previous statements, we believe Premier Oil should focus on its cash flow position and abandon its proposed acquisitions which were...


12 Mar, 2020, 07:00 GMT Premier Oil Must Focus on its Cash Flow and Balance Sheet and Abandon its Proposed Acquisitions

The fundamental changes in supply/demand conditions for both the UK gas and global oil markets has prompted several questions by the Company's...


05 Mar, 2020, 07:30 GMT ARCM: Update on Question List #1 Is Premier Oil's Forecasted Free Cash Flow From the Acquisitions Actually Less than US$400m by 2023 (vs. US$600m of decommissioning liabilities)?

Further to ARCM's statement on 24 January (available here), in which we questioned Premier Oil's forecasted free cash flow ("FCF") for the proposed...


25 Feb, 2020, 07:00 GMT ARCM Question List #5 - Is Premier Oil's Pro Forma "Leverage Ratio" Accurate

As detailed in ARCM's recent statements (available here), we continue to pose questions to Premier Oil relating to the proposed acquisitions. For the ...


17 Feb, 2020, 07:00 GMT Update on ARCM Question List #3: Premier Oil Becoming "Premier Gas" - Recent Negative Developments in the UK Gas Market Add to the Concerns Around the Proposed Acquisitions

Under Premier Oil's proposed scheme, creditors are being asked to defer debt maturities for a second time in three years. This time it is for the...


12 Feb, 2020, 07:00 GMT ARCM Votes Against Premier Oil's Scheme Proposal and Will Oppose the Proposed Schemes in Court

ARCM will vote against Premier Oil's Scheme proposal at the creditors' meetings today as it believes the proposed acquisitions expose the Company and ...


05 Feb, 2020, 07:09 GMT Question List 4 - Risks Related to the Magnitude and Timing of Decommissioning Liabilities

As detailed in ARCM's recent statements (available here), we continue to pose questions to the Company relating to the proposed acquisitions. As...


29 Jan, 2020, 07:00 GMT ARCM Question List #3: Premier Oil Becoming "Premier Gas" / Risk of Negative Economic Returns on the Shearwater Acquisition

As detailed in ARCM's press release on 24 January 2020 (available here), and further to its statement on 27 January (available here), ARCM continues...


24 Jan, 2020, 07:00 GMT Update on ARCM's Response to Premier Oil's Proposed Acquisitions

ARCM notes Premier Oil's announcement on the convening of scheme meetings to once again extend debt maturity and to approve the making of certain...


07 Jan, 2020, 09:22 GMT ARCM's Response to Premier Oil's Proposed Scheme of Arrangement - ARCM Opposes Scheme

ARCM notes Premier Oil's announcement regarding the proposal for a scheme of arrangement to extend the debt maturity and approve certain acquisitions....